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to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that
less money in it a couple of weeks ago. we started january, 2013, with the biggest tax increase in 20 years, and we have obamacare taxes, 20-some odd of them being phased in, another 500 billion dollars and the president stood up at press conference last week and said, i'm coming for more money and congressional democrats are going to try and help him. >> harris: all right. tom, the president has a speech planned in prime time tonight, that's kind of the pre-address to the big address tomorrow at the inauguration for the public to see and i read in your forbes column today that you said that there's a reason not to watch the president's speech. he's the president. why wouldn't we watch? >> well, i think beyond so help me god, tomorrow's speech isn't going be to be able to telegraph to those 23 million americans who are still out of work that this -- that this administration really cares about pro growth policy. if your a going to double down on spending and you're going to double down on increasing taxation and ultimately expand the box of the people who are going to be paying for thi
running the country. policymakers who believe in structural reforms, privatization, tax reforms, budget cuts, labor mobility, and they need to be competitive both internally and externally. if you don't have, if you don't have plans like that you will not get them back to growth anytime soon. so it's very, very important that you do that. seven, the point is the private sector. and i think this is a problem. because at the beginning there was no interest in the case of greece and some of these other countries involved in the private sector. and, in fact, it was a when things got so bad that greece called upon the private sector with the european union. the european central bank and the international monetary fund, to really get the private sector involved. and there you had a big haircut that could've been dealt with earlier. it would have been as bad and now they just have to do another debt buyback problem, operation, which is still a problem. so i think the idea getting the private sector involved early on, and we show this both in latin america and asia, the asian financial crisis.
with no serious criminal background to register with the government, pay a fine and back taxes, but not before federal authorities put more unmanned drones and agents along the border. the plan also includes a guest worker program that loosens restrictions for people who work in the agricultural industry as well as their children. robert mendez helped draft the bill. >> first of all they expect it, democrats need it and republicans need it. >> the last time there was an overhaul was in 2007 but the bill pushed by president george w. bush went down in flames after republicans argued it was amnesty for illegal immigrants. senator john mccain says things will be different this time. >> i'll give you a straight talk. look at the last election. look at the last election. we are losing dramatic will i the hispanic vote which we think should be ours for a variety of reasons, and we've got to understand that. >> this plan would enable illegal immigrants who are already here in the country to gain legal status if they have no criminal background, though they would still have goat in back of the line to
to register with the government, pay a fine and back taxes, but not before federal authorities put more unmanned drones and agents along the border. the plan also includes a guest worker program that loosens restrictions for people who work in the agricultural industry as well as the children of illegal immigrants. democratic senator robert menendez helped draft the proposal. >> first of all, americans support it in poll after poll. secondly latino voters expect it. thirdly, democrats want it. fourth republicans need it. >> reporter: the last time congress attempted to overhaul the nation's immigration laws was in 2007. the bill pushed by president george w. bush went down in flames after republicans argued it amounted to amnesty for illegal immigrants. gop senator john mccain says things will be different this time. >> i'll give you a little straight talk. look at the last election. look at the last election. we are losing dramatically the hispanic vote which we think should be ours for a variety of reasons, and we've got to understand that. >> this plan would ena
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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